Genius files lawsuit against Google and LyricFind for alleged theft of lyrics

Genius Media Group has filed a lawsuit against Google and LyricFind, alleging that the two parties have been unlawfully taking content from its online lyrics database. The suit seeks at least $50 million in damages, as well as injunctions against both companies to bar them from continuing the practice. Continue Reading

Licensing collective created by the Music Modernization Act reaches budget deal

The implementation of the Music Modernization Act took another important step forward today. The Mechanical Licensing Collective has secured a deal with the Digital Licensing Coordinator, which represents digital music services that will fund the launch and operation of the collective. Continue Reading

IFPI and WIN to launch centralized data exchange service next year

The IFPI and Worldwide Independent Network (WIN) announced a new deal that will see the two parties collaborate on a system for collecting recording industry data. The Repertoire Data Exchange, or RDx, is a centralized industry data exchange service that will allow record companies and music licensing companies (MLCs) to manage their recording rights. Continue Reading

Mechanical Licensing Collective sets creation costs and first-year budget

Progress continues with the Mechanical Licensing Collective, the organization formed by the Music Modernization Act to administer the new blanket licenses. The MLC has said it will need $37.25 million to build the structure and set its first-year operating budget at $29 million. Continue Reading